$30.57
2.64% yesterday
Nasdaq, Jun 13, 10:00 pm CET
ISIN
US4538386099
Symbol
IBCP

Independent Bank Corporation Stock price

$30.57
-1.91 5.88% 1M
-7.40 19.49% 6M
-4.26 12.23% YTD
+6.34 26.17% 1Y
+16.37 115.28% 5Y
+17.02 125.61% 10Y
-208.84 87.23% 20Y
Nasdaq, Closing price Fri, Jun 13 2025
-0.83 2.64%
ISIN
US4538386099
Symbol
IBCP
Sector
Industry

Key metrics

Market capitalization $633.44m
Enterprise Value $712.87m
P/E (TTM) P/E ratio 9.74
EV/FCF (TTM) EV/FCF 10.86
P/B ratio (TTM) P/B ratio 1.37
Dividend yield 3.14%
Last dividend (FY24) $0.96
Free Cash Flow (TTM) Free Cash Flow $65.62m
EPS (TTM) EPS $3.14
P/E forward 9.60
P/S forward 2.75
EV/Sales forward 3.09
Short interest 1.28%
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Independent Bank Corporation Stock Analysis

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Analyst Opinions

5 Analysts have issued a Independent Bank Corporation forecast:

5x Hold
100%

Analyst Opinions

5 Analysts have issued a Independent Bank Corporation forecast:

Hold
100%

Financial data from Independent Bank Corporation

Income Statement P&L | Balance Sheet | Cash Flow


Quarter TTM Annually
Mar '25
+/-
%
- -
-
- Direct Costs - -
-
-
- -
-
-
- Selling and Administrative Expenses - -
-
-
- Research and Development Expense - -
-
-
- -
-
-
- Depreciation and Amortization 9.85 9.85
3% 3%
-
EBIT (Operating Income) EBIT - -
-
-
Net Profit 66 66
7% 7%
-

In millions USD.

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Independent Bank Corporation Stock News

Neutral
Seeking Alpha
about 2 months ago
Independent Bank Corporation (NASDAQ:IBCP ) Q1 2025 Earnings Conference Call April 24, 2025 11:00 AM ET Company Participants Brad Kessel - President & Chief Executive Officer Joel Rahn - Executive President, Commercial Banking Gavin Mohr - Executive Vice President & Chief Financial Officer Conference Call Participants Brendan Nosal - Hovde Group Peter Winter - D.A. Davidson Damon DelMonte - KBW...
Neutral
GlobeNewsWire
about 2 months ago
First Quarter Highlights Highlights for the first quarter of 2025 include: Increase in net interest income of $0.8 million (or 1.9% ) over the fourth quarter of 2024; Increase in tangible book value per share of $2.43 (13.2%) from March 31, 2024; Net growth in core deposits of $9.1 million (or 0.8% annualized) from December 31, 2024; Net growth in loans of $33.9 million (or 3.4% annualized) fro...
Neutral
GlobeNewsWire
about 2 months ago
GRAND RAPIDS, Mich., April 22, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that today its Board of Directors declared a quarterly cash dividend on its common stock of 26 cents per share. This dividend is payable on May 15, 2025, to shareholders of record on May 5, 2025.
More Independent Bank Corporation News

Company Profile

Independent Bank Corp. operates as a bank holding company. It provides financial services including commercial banking, mortgage lending, investments, and title services. The company was founded in 1864 and is headquartered in Ionia, MI.

Head office United States
CEO William Kessel
Employees 783
Founded 1864
Website ir.independentbank.com

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